Description Service

Spot Trading

Currency pair Currency code Service start date
Bitcoin / Ringgit Malaysia BTC / MYR
Bitcoin Cash / Ringgit Malaysia BCH / MYR
Ethereum / Ringgit Malaysia ETH / MYR
Litecoin / Ringgit Malaysia LTC / MYR
Ripple / Ringgit Malaysia XRP / MYR

The rule of spot trading

Type of order Streaming order (Market · Limit), Single order (Market · Limit), Stop loss order (Market)
Transaction unit
Bitcoin (BTC) : 0.0001 BTC
Bitcoin Cash (BCH) : 0.0001 BCH
Ethereum (ETH) : 0.0001 ETH
Litecoin (LTC) : 0.01 LTC
Ripple (XRP) : 0.01 X R P

* The minimum order quantity of each Crypto currency will be from the smallest transaction unit quantity.

Order time 24 hours 365 days (excluding every 3:00 P.M – 3:10 P.M every trading day)
* Excluding temporary maintenance
Settlement time 24 hours 365 days (excluding every  3:00 P.M – 3:10 P.M every trading day)
* Excluding temporary maintenance
Upper limit value per order As for the limit order, we do not set an upper limit value per order, but we set the upper limit value per order as follows for market order (including stop loss order).

Bitcoin (BTC) : 30 BTC
Bitcoin Cash (BCH) : 20 BCH
Ethereum (ETH) : 100 ETH
Litecoin (LTC) : 500 LTC
Ripple (XRP) : 30,000 XRP
The expiration date of order GTC only

Holding limit Unlimited
Correction & Cancellation of order The limit orders and the stop loss orders can be revised (amount & quantity) or canceled, and market orders can be canceled if the order is not established yet. If the order is established, and corrected or canceled at the same time, the order is established, the establishment will be given priority, so please understand.
Execution quantity condition

Market orders are FAK(Fill and Kill).If a part of order is established, the rest of quantities are revoked.

Limit orders are FAS(Fill and Store). If a part of order is established, the rest of quantities are validated.

Stop loss orders are FAK(Fill and Kill).If a part of order is established, the rest of quantities are revoked.

The condition of stop loss order Our stop loss order is only “Market order”
Calculation area Calculation area From 3:00 P.M. on the previous trading day to 3:00 P.M. on that day will be the calculation area.
Transaction settlement date Next business day after the contract date.

Payment method of transaction amount, various expenses etc It is withdrawed from your deposit in BITPoint general account.

Delivery date

The delivery date of the Crypto currency by spot order is the next business day (T + 1) after the contract date.

If you are looking for exchanges for Bitcoin and Ethereum,

Currently, not only stocks and FX but also Crypto currencies such as Bitcoin and Ethereum are drawing attention from many investors. Investment in Crypto currency has entrance barriers as low as other investments, so even beginners can deal with it easily. To put it in the extreme, if you open an account, you can trade immediately, so if you are thinking of entering into the world of investment, please pay attention to the Crypto currency.

At BITPoint, we are opening customers’ accounts of Crypto currencies and managing exchanges. BITPoint provide leverage trading, so those who want to profit greatly are also able to be satisfied.